Nokia has reached a deal to sell its HERE mapping and location technology unit to a group of German automakers for a little more than $2.71 billion (€2.5 billion), according to a Wall Street Journal report.
What role will Google and Apple play in unleashing developers as the Internet of Things spreads? There is still some question of whether mobile dominance will be carried over to IoT. Special report
The battle to acquire Nokia's HERE mapping and location technology unit appears to have settled into a waiting game between the company and a consortium of German automakers as other bidders have faded away, according to a Reuters report.
General Motors expects to begin testing new technology from Cisco Systems to share spectrum between vehicle-to-vehicle and Wi-Fi systems, a GM executive told U.S. lawmakers.
Carriers looking to the connected home as a new frontier of revenue and subscriber growth better think again or change their strategies, based on a new report from Argus Insights. The report estimates that consumer demand for connected home products and solutions is actually down 15 percent from May 2014.
AT&T Mobility has strong future growth opportunities both domestically and in Latin America, as it pushes more into the Internet of Things and Mexico, according to a report from Wall Street firm Credit Suisse.
Just 22 percent of U.S. consumers are willing to pay to add a connected car to their shared data plan, down from 28 percent in 2014, according to a survey conducted by research firm Strategy Analytics.
It seems that every month this year has brought news of some M&A activity in the chipset industry. However, the big deals ahead for semiconductor companies could be even more focused on the Internet of Things.
Sprint confirmed it will deploy hardware from Cisco Systems to construct, own and manage the intelligent Wi-Fi network as part of a smart city deployment in downtown Kansas City, Mo., near Sprint's headquarters in Overland Park, Kan.
Since late 2009, Ericsson's vision of what it calls the "Networked Society" has included a key prediction: that by 2020 there will be 50 billion connected devices around the world. Now, Ericsson is backing off of that claim, and thinks there will be around half that many connected devices in five years.